According to preliminary data released by the country General Administration of Customs, some 940,000 tonnes of coal left Chinese export hubs in November down by 26.6%YoY but showing a 19% increase when compared to October figures.

The figure brings coal exports during the first 11 months of 2011 to 13.85 million tonnes or 21.2% below last year figures.

They added that while coal import figures are still awaited, industry sources estimated that imports could hit a record 22 million tonnes last month, surpassing the current record of 19.12 million tonnes noted in September. Large volumes have apparently resulted in congestion at Chinese coal ports in November.

(Sourced from www.ifandp.com)